Condition to Close Sample Clauses

Condition to Close. The purchase of the Stock shall be subject to a condition to closing as to any portion of the shares of Stock proposed to be sold pursuant to this Agreement (and only that portion), that the purchase by the Investor, individually, or taken together with all other all persons or entities acting as a group within the meaning of Section 13(d)(3) and Section 14(d)(2) of the Securities Exchange Act of 1934, as amended, (collectively, the "Group") not cause the Group to become the Beneficial Owner (as such term is defined in the Company's Indenture dated April 13, 1998) of more than 35% of Voting Stock (as such term is defined in the Indenture) of the Company.
Condition to Close. This Amendment shall not become effective unless the Borrower shall have delivered to the Agent and the Lenders evidence that it provided notice to the Trustee that the Indebtedness under the Loan Documents is “Designated Senior Debt” under the Indenture.
Condition to Close. Global's and Hemisphere's obligations to perform this Agreement is conditioned upon and subject to their obtaining an agreement from ITG prior to May 28, 1999 that ITG will sell and deliver the Series A Bonds as described in Section 1 free and clear of all liens, claims and encumbrances.

Related to Condition to Close

  • Condition to Closing Buyer acknowledges and agrees that the Closing is contingent upon the closing of the IPO, and that if, for whatever reason, the IPO is not completed, the Company shall not be obligated to issue and sell the Restricted Shares and Buyer shall not be required to purchase the Restricted Shares and this Agreement may be terminated in accordance with Section 5(k) below.

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE Buyer's obligation to purchase the Shares and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):

  • Conditions to Buyer’s Obligation to Close Buyer’s obligation to effect the transactions contemplated hereby shall be subject to the satisfaction or waiver on or prior to the Closing Date of all of the following conditions:

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE The Purchaser's obligation to pay the Consideration and to take the other actions required to be taken by the Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):